Buckingham Asset Management Increases Position in Kimberly Clark (KMB); As Toronto Dominion Bk Ont (Put) (TD) Shares Declined, Shareholder Continental Advisors Has Lowered Its Holding by $2.91 Million

February 19, 2018 - By Richard Conner

Continental Advisors Llc decreased its stake in Toronto Dominion Bk Ont (Put) (TD) by 72.22% based on its latest 2017Q3 regulatory filing with the SEC. Continental Advisors Llc sold 52,000 shares as the company’s stock declined 12.05% while stock markets rallied. The hedge fund held 20,000 shares of the commercial banks company at the end of 2017Q3, valued at $1.13 million, down from 72,000 at the end of the previous reported quarter. Continental Advisors Llc who had been investing in Toronto Dominion Bk Ont (Put) for a number of months, seems to be less bullish one the $104.86B market cap company. The stock decreased 0.82% or $0.48 during the last trading session, reaching $57.81. About 1.39M shares traded or 18.83% up from the average. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since February 19, 2017 and is uptrending. It has underperformed by 8.03% the S&P500.

Buckingham Asset Management Llc increased its stake in Kimberly Clark Corp (KMB) by 90.22% based on its latest 2017Q3 regulatory filing with the SEC. Buckingham Asset Management Llc bought 3,541 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 7,466 shares of the containers and packaging company at the end of 2017Q3, valued at $879,000, up from 3,925 at the end of the previous reported quarter. Buckingham Asset Management Llc who had been investing in Kimberly Clark Corp for a number of months, seems to be bullish on the $40.72B market cap company. The stock increased 0.24% or $0.28 during the last trading session, reaching $116.1. About 2.01 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since February 19, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 23 analyst reports since August 12, 2015 according to SRatingsIntel. Barclays Capital upgraded the stock to “Equal-Weight” rating in Tuesday, May 23 report. The company was upgraded on Friday, September 1 by National Bank Canada. As per Monday, September 21, the company rating was downgraded by Credit Suisse. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Buy” rating by Citigroup on Wednesday, September 14. The rating was maintained by BMO Capital Markets with “Outperform” on Monday, August 31. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Sector Performer” rating given on Friday, August 26 by IBC. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Friday, August 28 by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, January 30 by Bank of America. The rating was maintained by Scotia Capital with “Sector Perform” on Friday, August 28. On Tuesday, May 3 the stock rating was upgraded by Credit Suisse to “Outperform”.

Analysts await The Toronto-Dominion Bank (NYSE:TD) to report earnings on March, 1. They expect $1.12 earnings per share, up 12.00% or $0.12 from last year’s $1 per share. TD’s profit will be $2.03B for 12.90 P/E if the $1.12 EPS becomes a reality. After $1.09 actual earnings per share reported by The Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts 2.75% EPS growth.

Continental Advisors Llc, which manages about $318.00M and $437.12 million US Long portfolio, upped its stake in Tenet Healthcare Corp (Call) (NYSE:THC) by 63,000 shares to 83,000 shares, valued at $1.36 million in 2017Q3, according to the filing. It also increased its holding in Davita Inc (Call) (NYSE:DVA) by 52,000 shares in the quarter, for a total of 116,000 shares, and has risen its stake in Teva Pharmaceutical Inds Ltd (Call) (NYSE:TEVA).

Since January 29, 2018, it had 0 insider buys, and 1 sale for $2.77 million activity.

Buckingham Asset Management Llc, which manages about $6.11B and $420.44M US Long portfolio, decreased its stake in Ishares Tr (SCZ) by 6,415 shares to 320,842 shares, valued at $19.89 million in 2017Q3, according to the filing. It also reduced its holding in Us Bancorp Del (NYSE:USB) by 53,603 shares in the quarter, leaving it with 94,661 shares, and cut its stake in Ishares Tr (HDV).

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Kimberly-Clark had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 17 by Zacks. UBS downgraded Kimberly-Clark Corporation (NYSE:KMB) on Wednesday, July 12 to “Sell” rating. On Tuesday, May 30 the stock rating was maintained by Jefferies with “Hold”. The stock has “Buy” rating by Societe Generale on Thursday, November 2. As per Friday, May 26, the company rating was maintained by RBC Capital Markets. Wells Fargo maintained Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, October 24 with “Market Perform” rating. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, October 25. The rating was initiated by Sterne Agee CRT on Tuesday, July 21 with “Neutral”. The rating was upgraded by Societe Generale on Friday, October 23 to “Buy”. The company was initiated on Friday, September 15 by Macquarie Research.

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